BASIC AND ACCOMPANYING RISKS ARISING IN THE PROCESS OF ORGANIZATION AND IMPLEMENTATION OF PROJECT FINANCING

Abstract

The article provides classification of risks by key groups. The author identifies risks at the pre-investment stage of project carrying-out, which are directly connected with organization and implementation of the project and risks at the investment stage where we should attribute bank risks connected with banks' possibilities in conditions of tough regulation on the part of the Central Bank and standard requirements advanced to commercial banks' figures. The author also shows accompanying risks arising during conducting of project financing, which can be come across at any stage of project carrying-out, offers their characteristics and specific features. The dependence of possible losses and costs on the life cycle of the project was described in a simplistic way. Key risk factors taken into account during designing and implementation of the project were demonstrated. The impact of risks during financing of projects on shaping the credit portfolio of commercial bank was analyzed. The dynamics of sufficiency of Bank of Russia own capital was presented graphically in comparison with BRICS countries.

Keywords

• risk factor
• investment capital
• project financing
• risks
• bank own capital